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Paul raised $2.6 million in March

By ALEXANDER BURNS

04/20/2012 07:21 AM EDT

It's enough to keep his campaign up on TV, and a sign of the Texas congressman's tenacious, activist donor base:

The Ron Paul 2012 Presidential campaign announced today that it raised nearly $10.4 million in the first fundraising quarter of 2012, providing it with ample resources to sustain a 50-state race with establishment-choice Mitt Romney as well as compete decisively in Congressman Paul’s home state of Texas.

For the fundraising quarter ending March 31, 2012, or Q1, total campaign contributions approached $10.4 million. In addition to the impressive eight-figure fundraising total for the quarter, the campaign is announcing that total contributions for the month of March alone exceeded $2.6 million. Other details include total cash on hand of nearly $1.8 million and zero debt, as is customary. Especially noteworthy is that these figures exclude the nearly $1.4 million raised during the campaign’s Tax Day money bomb, or online fundraising event.

Paul may be in better financial shape than, say, Newt Gingrich, but even his loyal supporters seem to be tiring: the $2.6 million figure is down from $3.3 million in February and $4.5 million in January.